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Page 11 - Great Learning News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Byju s investors call for EGM on Friday to ouster founder, his family members

Byju s investors call for EGM on Friday to ouster founder, his family members
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When Byju s made its presence felt, in absence; and other top stories this week

Upgrad cofounder Ronnie Screwvala huddled up with a group of founders and edtech leaders to discuss the way forward from the perception hit, which the sector has taken as a result of the doings of just one company.

Byju s asset sale: Byju s asset sale hangs fire amid investor flare-ups

Unlike Epic — which is also on the block — the sale of Great Learning is being overseen directly by its founder Mohan Lakhamraju, along with the TLB investors. Byjus is seeking around $600 million from sale of the higher education asset but is yet to find a buyer with a binding term sheet.

Trouble mounts for Byju s as firm s plan to sell assets hits a roadblock

The assets, include Great Learning and Epic. Byju’s is reportedly seeking around $600 million from sale of the higher education asset but is yet to find a buyer with a binding term sheet.

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